XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.25.2

Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Financial Instruments [Abstract] |
Schedule of Transactions in Derivative Financial Instruments | Financial instruments - the composition of the derivatives
|  | June 30, 2025 |  |  | December 31, 2024 |
|  | € in thousands |
Derivatives presented under current assets |  |  |  |  |  |
Forward |  |  | 442 |  |  |  | - |
Swap contracts |  |  | 98 |  |  |  | 146 |
Financial power swap |  |  | 98 |  |  |  | - |
|  |  | 638 |  |  |  | 146 |
Derivatives presented under non-current assets |  |  |  |  |  |  |  |
Swap contracts |  |  | 760 |  |  |  | 716 |
Financial power swap |  |  | 14,163 |  |  |  | 15,258 |
|  |  | 14,923 |  |  |  | 15,974 |
Derivatives presented under current liabilities |  |  |  |  |  |  |  |
Forward |  |  | - |  |  |  | (1 | )
Swap contracts |  |  | (41 | ) |  |  | (43 | )
Financial power swap |  |  | - |  |  |  | (1,831 | )
|  |  | (41 | ) |  |  | (1,875 | )
Derivatives presented under non-current liabilities |  |  |  |  |  |  |  |
Swap contracts |  |  | (171 | ) |  |  | (288 | )
Schedule of Fair Values of the Other Financial Liabilities | The fair values of the other financial assets and liabilities, together with the carrying amounts shown in the statement of financial position, are as follows:
|  | June 30, 2025
|  |  |  |  | Fair value |  |  |  |  |
|  | Carrying amount |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Valuation techniques for determining fair value |  | Inputs used to determine fair value
|  | € in thousands |  |  |  |  |
Non-current liabilities: |  |  |  |  |  |  |
Debentures |  |  | 202,144 |  |  |  | 157,279 |  |  |  | - |  |  |  | - |  |  |  |  | Market price
Loans from banks and others (including current maturities) |  |  | 321,112 |  |  |  | - |  |  |  | 296,293 |  |  |  | - |  |  | Discounting future cash flows by the market interest rate on the date of measurement. |  | Discount rate of Euribor+ 2%-2.5% with a zero floor, fixed rate for several years 3.1%-6% Linkage to Euribor, 2.75%-4.78% Linkage to Consumer price index in Israel, Floating interest rate based on the Bank of Israel Rate plus a spread of 4.35%, fixed rate of 2.58%-5.5%, Euribor+ 5.27% and 7% Linkage to Consumer price index in Israel.
|  |  | 523,256 |  |  |  | 157,279 |  |  |  | 296,293 |  |  |  | - |  |  |  |  |
Schedule of Fair Values Hierarchy | Level 3: inputs that are not based on observable market data (unobservable inputs).
|  | June 30, 2025
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |  |  | Valuation techniques for
|  | € in thousands |  |  | determining fair value
Warrants |  |  | (844 | ) |  |  | (1,032 | ) |  |  | - |  |  |  | (1,876 | ) |  | Level 1 - Fair value is measured at trade market. Level 2 - Fair value is measured by using the binomial option pricing model.
Swap contracts |  |  | - |  |  |  | 646 |  |  |  | - |  |  |  | 646 |  |  | Fair value is measured by discounting the future cash flows, over the period of the contract and using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks.
Forward contracts |  |  | - |  |  |  | 442 |  |  |  | - |  |  |  | 442 |  |  | Fair value is measured on the basis of discounting the difference between the forward price in the contract and the current forward price for the residual period until redemption using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks.
Financial power swap |  |  | - |  |  |  | - |  |  |  | 14,261 |  |  |  | 14,261 |  |  | Fair value is measured by discounting the future fixed and assessed cash flows over the period of the contract and using market interest rates appropriate for similar instruments. The value is adjusted for the parties’ credit risks.
Schedule of Reconciliation Financial Instruments Carried at Fair Value | The table hereunder presents a reconciliation from the beginning balance to the ending balance of financial instruments carried at fair value in level 3 of the fair value hierarchy:
|  | Financial assets |
|  | Financial power swap |
|  | € in thousands |
Balance as at December 31, 2024 |  |  | 13,427 |
Total income recognized in profit or loss |  |  | (2,563 | )
Total income recognized in other comprehensive income |  |  | 3,397 |
Balance as at June 30, 2025 |  |  | 14,261 |

X
- Definition Schedule of Fair Values Hierarchy. + References No definition available. + Details
Name: | ello_ScheduleOfFairValuesHierarchyTableTextBlock
Namespace Prefix: | ello_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Fair Values of the Other Financial Liabilities. + References No definition available. + Details
Name: | ello_ScheduleOfFairValuesOfTheOtherFinancialLiabilitiesTableTextBlock
Namespace Prefix: | ello_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of reconciliation financial instruments carried at fair value. + References No definition available. + Details
Name: | ello_ScheduleOfReconciliationFinancialInstrumentsCarriedAtFairValueTableTextBlock
Namespace Prefix: | ello_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Transactions in Derivative Financial Instruments. + References No definition available. + Details
Name: | ello_ScheduleOfTransactionsInDerivativeFinancialInstrumentsTableTextBlock
Namespace Prefix: | ello_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration